Wednesday, October 22, 2008

Natural Gas Bills Go Lower in Illinois


Ameren's natural-gas customers in Illinois will catch a break with their bills next month as winter heating season approaches.

The St. Louis-based utility says those 840,000 gas customers could pay anywhere from 22 to 35 percent less for gas in November, thanks to lower worldwide demand for energy.

Ameren (nyse: AEE - news - people ) vice president Scott Glaeser says the price of natural gas fluctuates from month to month based on supply and demand.

He says Ameren is "cautiously optimistic" that natural gas market prices will stay lower than first predicted throughout the heating season.

The effect on individual bills depends on usage.

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